Joe Plumeri News

Willis Named “2006 European Commercial Broker of the Year”

Global broker Willis Group Holdings has been named the “2006 European Commercial Broker of the Year” for the second consecutive year. The award was presented as part of the annual European Risk Management Awards conducted by StrategicRISK. It’s determined by …

Willis Reports Q1 Revenue Stable at $671 Million; Conference Call Today

Global insurance broker Willis Group Holdings Limited reported a strong first quarter 2006, posting total revenues of $671 million, compared with $669 million for the same period last year. Willis said “the effect of foreign currency translation decreased reported revenues …

People Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance brokerage. Axel will be based at the Culver City, …

People and Places

Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance brokerage. Axel will be based at the Culver City, Calif., …

Willis Names Dinallo General Counsel

Global insurance broker Willis Group Holdings announced the appointment of Eric Dinallo as General Counsel. He will also join Willis’ Partners Group, the company’s top management committee. Dinallo will be responsible for the Group’s legal and regulatory affairs globally, reporting …

Willis Nominates Friberg, Gardner and Hanley as Directors

Global insurance broker Willis Group Holdings, Limited announced that Eric Friberg, Sir Roy Gardner and Sir Jeremy Hanley will stand for election as directors at the Company’s Annual General Meeting of shareholders on April 26, 2006. Although they may have …

Willis Named Primary Risk Consultant to China Development Bank

Willis Group Holdings announced that it has signed an agreement with China Development Bank (CDB), “an important economic growth engine in China,” to become its global risk management and insurance consultant. “This agreement is an extraordinary example of the potential …

Willis Adds N.Y. Company to Strengthen Fine Art, Jewelry and Specie Group

Willis Group Holdings Limited reported the acquisition of Gueits, Adams & Company. Located in New York City, Gueits, Adams specializes in jewelers block insurance and has annualized revenues of approximately $4 million. Terms are not disclosed. The transaction was effective …

Willis Q4 Reported Revenues Down in 2005 Compared to Prior Year

Willis Group Holdings Ltd. reported results for the quarter and year ended Dec. 31, 2005. Separately, the Board of Directors approved a 9 percent increase in the regular quarterly cash dividend on the company’s common stock to $0.235 per share, …

Plumeri Responds to TRIA Extension

Joe Plumeri, chairman and CEO of global broker Willis Group Holdings Limited, issued a statement on Sunday, Dec. 18, after both Houses of Congress approved a two-year extension of the Terrorism Risk Insurance Act (TRIA). (See related article in National …